Upgrade subject to access all content
Suppose a bank has the following:
If Required Reserve Ratio was 15%, then could the bank make a \$100,000 loan if a new qualified borrower applied?
Yes, with money to spare.
Yes, it has exactly enough.
No, it would need $100,000 more.
No, it would need $40,000 more.
No, and it would not make the loan unless the discount rate was more than the federal funds rate.